Shimmick Corporation · NASDAQ:SHIM
Shimmick — Investor Presentation (June 2026)
17 slides from Shimmick's investor presentation, June 2026
Slide 1: Investor Presentation June 2026
June 2026 Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation is being delivered on behalf of Shimmick Corporation (the “Company”). The sole purpose of this presentation is to provide information in connection with a review of the Company’s operations and/or financial status. This presentation does not purport to be all-inclusive o
Slide 3: Shimmick Overview
Shimmick Overview • NASDAQ: SHIM • Work across 9 states • Industry-leading self-perform capabilities across complex civil and electrical infrastructure • Core Markets ― Water Infrastructure ― Climate Resilience & Water Resources ― Transportation Infrastructure ― Energy Transition & Electrification $
Slide 4: Shimmick Value Proposition to Investors
Shimmick Value Proposition to Investors Experienced Executive New Platform is Leading Capabilities Results Reflect Leadership Team Transforming the Business In High Growth Markets Turnaround & Growth Recently appointed Highly selective project Water and power self- 2025 YOY Growth: leadership team w
Slide 5: Executive Leadership Team is here for growth and results
Executive Leadership Team is here for growth and results ✓ Shimmick’s recently appointed executive team bring decades of public and private industry experience and track record from the world’s largest infrastructure delivery organizations Ural Yal Sarah Tacker Todd Yoder CEO COO CFO 28+ years leadi
Slide 6: With a transformed platform, Shimmick is ready to deliver predictable results
With a transformed platform, Shimmick is ready to deliver predictable results Pre-2025 New Platform • Fixed-Price, Hard-Bid on large complex projects • Selective bid criteria while shifting to alternative • Non-core (Legacy) project overhang on delivery management resources, and balance sheet • Non-
Slide 7: What Makes Shimmick Different
What Makes Shimmick Different Self-perform depth in water and integrated electrical, and a transformational shift to lower-risk delivery Integrated electrical via Axia Water treatment and resources subsidiary expands access to high self-perform expertise margin markets Specialized full-service deliv
Slide 8: Shimmick Core & Growth Markets
Shimmick Core & Growth Markets Washington Our current and growth Montana markets are in key growth Oregon areas for our core work Idaho scopes in water, power Wyoming and other critical infrastructure Nevada Utah California Colorado • Existing Operations: California, Texas, Kentucky Washington, Tenn
Slide 9: Market Opportunity
Market Opportunity Three reinforcing megatrends are expanding demand directly across Shimmick's core capabilities Electrification & Water & Wastewater Power & Grid Large Loads +7% ~$1.3T 5x+ Forecast 2026 construction growth, driven by U.S. energy-utility capital spending forecast for Data centers,
Slide 10: Where We Are: Backlog and Bidding
Where We Are: Backlog and Bidding 2.6x Q1 2026 book-to-burn $1.1B Highest as a public company $289M New awards booked in Q1 2026 $618M New awards, past 3 quarters vs. $300M in the prior 8 quarters $600M–$1B Bid volume per month Post Q1’26 Strong, diversified pipeline 10
Slide 11: Where We Are: Q1 2026 Revenue & Gross Margin
Where We Are: Q1 2026 Revenue & Gross Margin Shimmick Projects Revenue(1) Shimmick Projects Gross Margin $99M $10M $96M Shimmick Projects gross margin improvement for $93M Q1’26 of 89% was driven by new projects ramping up $88M $5M Non-Core Projects revenue decrease reflects Chickamauga project term
Slide 12: Q1 2026 Reaffirm 2026 FY Guidance
Q1 2026 Reaffirm 2026 FY Guidance Shimmick Consolidated Revenue 2026 FY $600M Shimmick Consolidated Revenue(1) $493M $550M between $550M and $600M, a 17% increase year-over-year at the midpoint 2025 FY 2026 FY Shimmick Consolidated Adjusted EBITDA Shimmick Consolidated Adjusted EBITDA $30M between $
Slide 13: Shimmick Value Proposition to Investors
Shimmick Value Proposition to Investors Experienced Executive New Platform is Leading Capabilities Results Reflect Leadership Team Transforming the Business In High Growth Markets Turnaround & Growth Recently appointed Highly selective project Water and power self- 2025 YOY Growth: leadership team w
Slide 14: Appendix
Appendix SHIMMICK
Slide 15: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations (1) Consists of transformation-related costs we have incurred including advisory costs in connection with settling outstanding claims in connection with exiting certain Non-Core Projects as part of the Company’s growth strategy to address and capitalize on the nation
Slide 16: Non-GAAP Financial Measures Explanatory Notes
Non-GAAP Financial Measures Explanatory Notes Adjusted Net Loss Adjusted EBITDA Adjusted net loss represents Net loss attributable to Shimmick Corporation Adjusted EBITDA represents our Net loss attributable to Shimmick Corporation before interest expense, income tax expense adjusted to eliminate st
Slide 17: Investor Contact
Investor Contact IR@shimmick.com (949) 704-2350 investors.shimmick.com